January 12th, 2018: AAPL Chart Update
Posted by pugsma on January 12, 2018
12:45 pm EST: AAPL price hit 177.06 and close to invalidating the P1-C2 high of 177.20. There is a good chance there that minor 5 of major [5]-P1 needs one more push up to the minor 5=1 target of 178.17 or the major [5]=1.23[1] target of 182.01 over the coming days to a couple weeks. However, there is building weekly MACD negative divergence with respect to AAPL price that is very likely to produce a primary degree top for AAPL price and then a large pull-back (-25%) to test the 134.54 pivot into late year 2018 to early 2019.
AAPL 4-hr chart real-time link: http://www.freestockcharts.com?emailChartID=9eef3079-bd1f-47e6-a24c-f7f68218b4e0
AAPL 4-hr chart:
AAPL daily chart:
AAPL weekly chart:
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